Ad ID: 97277
Childcare Investment Business Opportunity for Sale Gisborne
Gisborne Childcare Investment, Great Opportunity
Business for Sale Description
Childcare Investment Business Opportunity for Sale GisborneWith Resource Consent granted for 60 children, an excellent opportunity has presented itself for the development of a new childcare centre in Gisborne. Currently the opportunity has a house on site with tenants; this would need to be removed and a new commercial property development completed or moved onto the site. The current tenant is paying circa $400 per week so there is an opportunity to â€˜parkâ€™ this for a period.
Expected rental return would be circa $118 - $130k per annum. 7.2 â€“ 7.5% ROI. This resource consent has taken nearly 3 years to obtain.
Gisborne is in high need of such a facility and this opportunity is also very close to a local primary school (within 200M). Daily traffic volume past the centre is in the range of 15 â€“ 20,000 vehicles.
The property in todayâ€™s market (as it stands) is appraised at the mid $500â€™s. Vendor is selling as he is moving to the South Island so an excellent opportunity exists.
Asking Price: $595,000.
To find out more information, visit www.barkerbusiness.co.nz/3009 and submit a confidentiality agreement. Brett will be in touch as soon as he receives your expression of interest.
Licensed REA2008. Copyright Barker Business Brokerage 2008.
Property Code: 3009
Interested In This Opportunity?